Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 3791 (96th)

Individual Housing Act of 1979

referredUnited States· United States Congress· EN

Introduced

30 April 1979

Last action

30 April 1979 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Frenzel, Bill [R-MN-3]

Subjects

Housing, Taxation

Source updated

2 September 2025

Housing · Taxation

Official sourceView documentsShare

Summary

Individual Housing Act of 1979 - Amends the Internal Revenue Code to allow individuals an income tax deduction of up to $3,000 annually and $15,000 in a lifetime for cash contributions to an individual housing account (IHA) established to finance the purchase of a principal residence for the taxpayer. Exempts IHA's from income taxation. Excludes from gross income distributions to a taxpayer from an individual housing account used to purchase a principal residence.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 30 April 1979

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 30 April 1979

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 30 April 1979

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.